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Feb 26, 2013
02/13
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reid. bill: that is cab fare, by the way. steve hayes, senior writer, "weekly standard." fox news contributor. good morning to you. >> good morning bill. >> president is on the road. no meetings to talk about this between senate leaders and house leaders. no meetings with the administration. friday there is no session on the schedule for congress. >> right. what's different about this one is that in the past, the fiscal cliff, these other things you at least staff to staff contact and negotiations and ongoing discussions, sort of largely out of public view. that even is not happening in this scenario. i think we're likely to see the sequester come march first and see how it plays out the next month. bill: if it comes, this deadline is little different from what we've seen in the past, steve. >> right. bill: this is gradual. make it works its way into the system a little bit at a time during the month of march. for sure during april. >> right. bill: it seems to have a different feel. there i
reid. bill: that is cab fare, by the way. steve hayes, senior writer, "weekly standard." fox news contributor. good morning to you. >> good morning bill. >> president is on the road. no meetings to talk about this between senate leaders and house leaders. no meetings with the administration. friday there is no session on the schedule for congress. >> right. what's different about this one is that in the past, the fiscal cliff, these other things you at least staff to...
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Feb 10, 2013
02/13
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>> i had a chance to ask harry reid about this at a news conference a couple of weeks ago, and senator reid is giving no indication whatsoever that he is going to take the gavel away, and while senator menendez is right about some of the allegations, some of the others that popped up in the conservative news site, the daily caller, there's been no evidence to corroborate those accusations. the fact that senator menendez cut a $58,000 check to pay for some -- >> times calling for a democrat to remove a democrat from a committee is fairly noteworthy. >> say new jersey doesn't necessarily have the best track record when it comes to ethics and government and what "the new york times" has seen is people who live in new jersey, which is they're sort of a drip drip drip with the new jersey politician that starts off looking like one thing and turns into a bigger story that obviously was the case with bob toresellly former senator that ended up resigning and what he got from a big, big donor of his. this is where the question is, can the ethics committee dig into the relationship between this
>> i had a chance to ask harry reid about this at a news conference a couple of weeks ago, and senator reid is giving no indication whatsoever that he is going to take the gavel away, and while senator menendez is right about some of the allegations, some of the others that popped up in the conservative news site, the daily caller, there's been no evidence to corroborate those accusations. the fact that senator menendez cut a $58,000 check to pay for some -- >> times calling for a...
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Feb 4, 2013
02/13
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on abc over the weekend, harry reid pointedly would not commit to supporting an assault weapons ban. >> i didn't vote for the assault weapons last time because it didn't make sense but i'll take a look at it. i think everyone acknowledges we should do some background checks. >> reid said the senate would move the bill through the judiciary committee, it's unlikely to include a gun ban. though reid has said california senator dianne feinstein will have an opportunity to present the provision as an amendment once the bill reaches the senate floor. remember there's a whole bunch of red tape democrats want to actively cascade a vote against the assault weapons ban so they can show they are pro-gun. >> the super bowl ad new york city mayor's group ran in the d.c. market focused on one part of the gun control bills and that's the background check, one pointing out the nra at one time supported closing the gun show loophole. >> we think it's reasonable to provide mandatory, instant criminal background checks for every sale at every gun show, no loopholes anywhere for anyone. >> 14 years lat
on abc over the weekend, harry reid pointedly would not commit to supporting an assault weapons ban. >> i didn't vote for the assault weapons last time because it didn't make sense but i'll take a look at it. i think everyone acknowledges we should do some background checks. >> reid said the senate would move the bill through the judiciary committee, it's unlikely to include a gun ban. though reid has said california senator dianne feinstein will have an opportunity to present the...
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senator harry reid calling for more tax increases. in an interview on abc yesterday, he said tax revenue must be part of any deal to be part of the little defense cuts. here is senator reid. >> the american people are on our side, and america people don't believe in these things. we believe the rich should contribute. stuart: relieve the rich should contribute, tax the rich. president obama pushing for more tax increases yesterday. in an interview on cbs before the super bowl he said there is no doubt that government needs new relation. he promises strong economic growth this year coming on the heels of an economic contraction in the fourth quarter along with the rise in the unemployment rate. and everybody's taxes already went up as of january 1, taxes may go up some more. from taxes to the market. the dow above 14,000 for the first time since 2007 friday afternoon. let's bring in nicole. it is not like it was going to hold at 14,000, now futures are down, how much are they down? nicole: you can see the down arrows, 69 points pulling
senator harry reid calling for more tax increases. in an interview on abc yesterday, he said tax revenue must be part of any deal to be part of the little defense cuts. here is senator reid. >> the american people are on our side, and america people don't believe in these things. we believe the rich should contribute. stuart: relieve the rich should contribute, tax the rich. president obama pushing for more tax increases yesterday. in an interview on cbs before the super bowl he said...
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Feb 23, 2013
02/13
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. >> does your reporting suggest that harry reid has in fact explicitly rejected as a senate leader, a request by the republicans to add more flexibility to the cuts? >> well, we don't know that in particular, but what we do know is that the white house, they had an official down in front of the senate he recently and they were asked about giving this, being given this flexibility provision and they ultimately came back and said, we would reject any efforts to actually lessen the pain of this sequester. and so, the president here is getting himself into a situation where he's warning about all of these doom and gloom. the republicans are giving him a way out of this and they're increasingly looking to be rejecting that just so that they can continue to bring down the hammer. >> and the president, dan, is insisting not just on other spending cuts, alternatives, or even weakening the cuts, he's saying, look, i want a tax increase, too. >> what is that all about? i mean, we just had a huge tax increase, that is already, according to the newspaper reports, hurting consumer spending. why
. >> does your reporting suggest that harry reid has in fact explicitly rejected as a senate leader, a request by the republicans to add more flexibility to the cuts? >> well, we don't know that in particular, but what we do know is that the white house, they had an official down in front of the senate he recently and they were asked about giving this, being given this flexibility provision and they ultimately came back and said, we would reject any efforts to actually lessen the...
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Feb 10, 2013
02/13
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CNN
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>> i had a chance to ask harry reid about this at a news conference a couple of weeks ago, and senator reid is giving no indication whatsoever that he is going to take the gavel away, and senator menendez is right about some of the allegations, some of the others that popped up in the conservative news side, the daily caller, no evidence to correspond roborate. the political -- >> almost two years late. >> and did not put them on his disclosure form is a problem for him. >> two weeks ago is one thing. now -- i mean "the new york times" calling for a democrat to remove a democrat from a committee is fairly noteworthy. >> let's say new jersey doesn't exactly have the best record when it comes to ethics in government. what "the new york times" has seen is what many people who live in new jersey or the new york region have seen, which is they're sort of a drip, drip, drip of the new jersey politician that starts off looking like one thing and turns into a much bigger story that obviously was the case with bob torricelli, the former senator who ended up resigning and then we learned a lot a
>> i had a chance to ask harry reid about this at a news conference a couple of weeks ago, and senator reid is giving no indication whatsoever that he is going to take the gavel away, and senator menendez is right about some of the allegations, some of the others that popped up in the conservative news side, the daily caller, no evidence to correspond roborate. the political -- >> almost two years late. >> and did not put them on his disclosure form is a problem for him....
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Feb 14, 2013
02/13
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you know, you hear harry reid essentially making an appeal to history saying, yeah, this is unprecedented. is this what you want to be remembered for? for republicans that is a potentially potent line of argument. republicans don't really know what voters want to remember them as or see them as right now, and so that is something they're taking into consideration. >> republicans don't really know who republicans are at this point so to si erin degree. curt, we went back into the archives. fewer than 2% of cabinet nominations have been rejected since 1789. john tower rejected for a defense secretary in 1989. you have to go back to 1844 to james porter, who was rejected for secretary -- >> he was robbed, though. >> where was he during benghazi? >> this is the united states senate, which part of its brand is this civility, and who are they doing this to? a guy who was a republican senator four years ago. i've decided it's a bit of joe lieberman derangement syndrome. a heiretick from your own party, once he is playing for the other team, it drives you crazy, and it's driving the republicans c
you know, you hear harry reid essentially making an appeal to history saying, yeah, this is unprecedented. is this what you want to be remembered for? for republicans that is a potentially potent line of argument. republicans don't really know what voters want to remember them as or see them as right now, and so that is something they're taking into consideration. >> republicans don't really know who republicans are at this point so to si erin degree. curt, we went back into the archives....
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Feb 8, 2013
02/13
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i do believe harry reid is going to bring comprehensive gun bill to the floor. maybe in different pieces. it may be one package. that will be his decision. i do believe something is going to pass in a bipartisan way out of the senate. you saw politico reporting there was a bipartisan group, republicans and democrats from rural and urban states who are working on a comprehensive package on a background checks. i thinkure going to see something get through the senate, and then i think you will have house republicans -- not the majority of them. some number. 20, 30, 40. who will be feeling intense pressure from their districts on this issue. they are going to go to their speaker and their leadership and say, look, if we don't get a volt on this issue, i will not be back, and if i'm not back, you will not be speaker. so we may not need 150 or 170 republicans to vote for this. where he we may not even need 100, but i need you, mr. speaker, to at least allow a vote on the bipartisan bill that has come out of the senate, or i won't be here and you won't be here. >> doe
i do believe harry reid is going to bring comprehensive gun bill to the floor. maybe in different pieces. it may be one package. that will be his decision. i do believe something is going to pass in a bipartisan way out of the senate. you saw politico reporting there was a bipartisan group, republicans and democrats from rural and urban states who are working on a comprehensive package on a background checks. i thinkure going to see something get through the senate, and then i think you will...
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Feb 18, 2013
02/13
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>> first, it was the white house, it was obama and jack lew and rob nabors who went to harry reid and said this is the solution but everyone has their fingerprint on this and it is everyone's -- the policy and it is law, what is important about it is, it is a governing travesty. the idea that you are going to go around and in random ways cut things and would be like a family that has to cut their budget, saying, let's cut the medicine that keeps the children alive. it is stupid. >> chris: kim, having said that it is stupid, what are the chances that we're actually going to reach march 1st and the sequester, the $85 billion in automatic cuts, will kick in and if it does, and if we begin to see, markets reacting and stuff, how does it play out with the president insisting there have to be tax hikes on the rich, and, the republicans saying, no, it all needs to come out of spending cuts? >> i think it is very likely we hit that day and it comes and the reason why is because, the republicans have been asking the white house to come up with some sort of alternative, which you actually prior
>> first, it was the white house, it was obama and jack lew and rob nabors who went to harry reid and said this is the solution but everyone has their fingerprint on this and it is everyone's -- the policy and it is law, what is important about it is, it is a governing travesty. the idea that you are going to go around and in random ways cut things and would be like a family that has to cut their budget, saying, let's cut the medicine that keeps the children alive. it is stupid. >>...
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Feb 8, 2013
02/13
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the deal that we struck on the filibuster, we saw that harry reid and mitch mcconnell struck, is based in part, it expedites some nominations if they come from rogue individual senators or a handful, but it's based in part on a kind of gentleman's agreement that you're not going to misuse the filibuster in nominations in the same way. and if you see a filibuster of hagel in this case where there is a clear majority and more for his confirmation, and you know, think about this, we've got a sequester coming up, which could cause enormous potential damage to national security, you're going to keep the defense secretary from being in place to help to administer that. we've got a war going on. i think you'd have to, if you were in harry reid's shoes, begin to rethink what you're going to do with the rules. >> as an institutional scholar such as yourself, hearing that come from you carries a lot of weight. norm ornstein, resident scholar at the american enterprise institute, co-author of "it's even worse than it looks." thank you for being with us tonight. it's great to have your perspective
the deal that we struck on the filibuster, we saw that harry reid and mitch mcconnell struck, is based in part, it expedites some nominations if they come from rogue individual senators or a handful, but it's based in part on a kind of gentleman's agreement that you're not going to misuse the filibuster in nominations in the same way. and if you see a filibuster of hagel in this case where there is a clear majority and more for his confirmation, and you know, think about this, we've got a...
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Feb 14, 2013
02/13
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it was just a month ago that harry reid backed off the idea of filibuster reform. do you think going through this may change his thinking a little bit? >> i don't know. what i do know is this, i know chuck hagel very well, i like him a lot. he was a democrat, he was a republican in the senate. he is clearly well qualified to be secretary of defense. he did have a day that i'm sure could have been better when he was before the committee, but they were pretty merciless the way they went after him on several subjects. >> whatever harry reid's going to do, what about somebody who's served in the chamber and is watching this right now, do you think filibuster should be on the table flight? >> the fill buggser reform that i would support is simply getting rid of the filibuster most on the motion to proceed. the filibuster issue, it's not because of the rules, it's because of the people who have come to the senate recently, who said, you know, what i'm going to do is i'm going to throw the wrench in the crank case here and just stop everything in its cracks, we have got p
it was just a month ago that harry reid backed off the idea of filibuster reform. do you think going through this may change his thinking a little bit? >> i don't know. what i do know is this, i know chuck hagel very well, i like him a lot. he was a democrat, he was a republican in the senate. he is clearly well qualified to be secretary of defense. he did have a day that i'm sure could have been better when he was before the committee, but they were pretty merciless the way they went...
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Feb 14, 2013
02/13
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bill: harry reid is talking about this potentially on the floor of the senate. if there is news we'll bring it to our viewers. graham says the debate is not over, it has not been serious. what gives? >> reporter: a couple of things, one is confirmation hearings matter. this was not a good showing for chuck hagel in this confirmation hearing and despite the fact that you have other controversial cabinet nominees who have potentially bumpy confirmation hearings hagel's did not go well, and even folks on the democratic side will acknowledge that, and that has made it even more difficult. then you have the additional problem, from his supporters' point of view, that there are calls for speeches that did not come out for the committee that hagel gave and they never received, and now you have one speech, for example, that a group says that they can get to the committee by friday. its already out of committee, but -- so now it's on the house floor. this vote happens, they need 60 votes. democrats have a 55-45 vote margin, they need five republicans. you have two republ
bill: harry reid is talking about this potentially on the floor of the senate. if there is news we'll bring it to our viewers. graham says the debate is not over, it has not been serious. what gives? >> reporter: a couple of things, one is confirmation hearings matter. this was not a good showing for chuck hagel in this confirmation hearing and despite the fact that you have other controversial cabinet nominees who have potentially bumpy confirmation hearings hagel's did not go well, and...
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Feb 14, 2013
02/13
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so harry reid is frustrated. >> mr. president, in less than two hours our country will be without a secretary of defense at a time when we have a war going on in afghanistan, and about 70,000 troops there. we have a nuclear weapon was detonated in north korea. >> reporter: a nuclear test was done in north korea and 66,000 troops in afghanistan but you get the picture. these are serious times and so harry reid and the democrats say, we need a secretary of defense and soon, jon. jenna: point well-taken there. what are republicans saying about the nomination? what are they telling you and what about this delay, this potential delay? >> reporter: well, jenna, several leading republicans tell me they think chuck hagel will ultimately get through based on the strength of democratic support. they're holding out because they want more information what the president president did the night of the benghazi attack, 9/11. they want that information. they want the texts of speeches for chuck hague gill five years. they feel like the
so harry reid is frustrated. >> mr. president, in less than two hours our country will be without a secretary of defense at a time when we have a war going on in afghanistan, and about 70,000 troops there. we have a nuclear weapon was detonated in north korea. >> reporter: a nuclear test was done in north korea and 66,000 troops in afghanistan but you get the picture. these are serious times and so harry reid and the democrats say, we need a secretary of defense and soon, jon....
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Feb 5, 2013
02/13
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harry reid never even tack it up and the president didn't acknowledge it. but there are good ways to fix this problem without gutting our military. but we can't good back to where we were, where we're just adding all this spending back, along with the president's tax increases. >> you're saying basically the republicans should say, no, we're not going to do this, no more taxes? >> absolutely not. stewart. i'm not going to speak for the republicans anymore. but just speaking as a conservative, we have to get the president and the congress focused on, how can we cut spending and put ourself on a path to a balanced budget. if we don't start talking about a balanced budget and getting serious about it, you know what's going to happen and this movie will not end well. >> the congressional budget of office today protected the state of the economy. they said two things. number one, the deficit this year is going to come in lower trim dollars, the first time in the obama years. and they also said we're only goal going to great growth of 1.4%. they're saying if you
harry reid never even tack it up and the president didn't acknowledge it. but there are good ways to fix this problem without gutting our military. but we can't good back to where we were, where we're just adding all this spending back, along with the president's tax increases. >> you're saying basically the republicans should say, no, we're not going to do this, no more taxes? >> absolutely not. stewart. i'm not going to speak for the republicans anymore. but just speaking as a...
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Feb 5, 2013
02/13
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reid for saying he hadn't read dianne feinstein's bill banning assault weapons. >> how can harry reid, a fellow democrat, and i'm willing to criticize him, say he hasn't read the bill. this is an emergency. let's knock off the washington baloney and support the president and get some things done. >> the white house wants to overload washington's political circuits. an effort to see what it can get through congress without letting congress and particularly congressional republicans, define what issues get addressed. republican leaders are making it clear they prefer to talk about just one thing before the march budget shutdown. >> this was supposed to be the day that the president submitted his budget to the congress. but it's not coming. i think that's too bad. our economy could use some presidential leadership right now. >> and top senate republican mitch mcconnell was just as eager to talk budget hitting the floor to slam democrats for floating new revenue proposals. >> this is just another opportunity to trot out the democrat focus group approved policy stunt. if this is another fa
reid for saying he hadn't read dianne feinstein's bill banning assault weapons. >> how can harry reid, a fellow democrat, and i'm willing to criticize him, say he hasn't read the bill. this is an emergency. let's knock off the washington baloney and support the president and get some things done. >> the white house wants to overload washington's political circuits. an effort to see what it can get through congress without letting congress and particularly congressional republicans,...
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Feb 24, 2013
02/13
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this is a harry reid-mitch mcconnell discussion right now. republicans have passed a bill to sequester bills. true an untruth. that was last year before the 113th congress. those bills are no longer legally liable. they are meaningless. they will have to pass meaningful bills. host: where was john hogan when g.w.b. was running all of that debt and deficit? caller: good morning. president obama wants to raise the taxes on the corporate jet owners and the oil company subsidies and things like that. of that will come back onto the middle class. we will have $5 or $6 a gallon gasoline. he cannot force people at the oil companies to take because he was then to take. if they do that to be sequestered, we will not have any cuts at all. he just wants to pass it on to us. it is similar to what happens in the space when they run into a fiscal problem. they always complain we will lose firemen and policemen and you will not have the streets plowed. that is the excuse they use. obama is using the excuse is that the poor will not have any money to cut thi
this is a harry reid-mitch mcconnell discussion right now. republicans have passed a bill to sequester bills. true an untruth. that was last year before the 113th congress. those bills are no longer legally liable. they are meaningless. they will have to pass meaningful bills. host: where was john hogan when g.w.b. was running all of that debt and deficit? caller: good morning. president obama wants to raise the taxes on the corporate jet owners and the oil company subsidies and things like...
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Feb 26, 2013
02/13
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reid and begin to address our problems. >> the president will be in newport news today to discuss the local economy, particularly military spending. the president met at the white house. they are critical about how the president is handling the situation. >> now is a time for him to show leadership, proposed $85 billion, propose the are you ductions in a more balanced way. every government has to do it. >> i could not be more frustrated. how many more times are the governors going to have to pick up the mess of washington, d.c. my kids could go find $83 billion out of a $4 trillion budget. this is not rocket science. this is an inability to want to get to work. >> we could provide an alternative. we have shown you can do it. we have done it state by state. it's time to do it at the capital to make it happen. >> joe biden addressed the association about the politics. >> people are tired are being tired. then they are ready to get up and move. you know that. it's happening in your states. you probably feel in your fingertips more than most of us do here in washington. i think they are s
reid and begin to address our problems. >> the president will be in newport news today to discuss the local economy, particularly military spending. the president met at the white house. they are critical about how the president is handling the situation. >> now is a time for him to show leadership, proposed $85 billion, propose the are you ductions in a more balanced way. every government has to do it. >> i could not be more frustrated. how many more times are the governors...
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Feb 26, 2013
02/13
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. >> if the president was serious, he would sit down with harry reid and begin to address our problems. >> reporter: trying to capitalize on the visit by to washington, the white house released detailed, state by state reports. in california, 9,600 low-income students could lose financial aid. in texas, nearly $68 million for teachers and schools could be slashed. and in virginia, 90,000 civilian defense department employees could be furloughed. the president punctuated the urgency. >> all of us are concerned about our politics. both in our own parties as well as the other parties. but at some point, we've got to do some governing. >> reporter: still, there have been no negotiations. no progress all weekend. not even a phone call between the president and republicans in days. so why the lack of movement, especially if the cuts are so drastic? >> what you're seeing right now is solely that political positioning, trying to put themselves in a place where they are the ones dictating the terms of the eventual agreement to their political rivals. >> reporter: but the anticipation is already
. >> if the president was serious, he would sit down with harry reid and begin to address our problems. >> reporter: trying to capitalize on the visit by to washington, the white house released detailed, state by state reports. in california, 9,600 low-income students could lose financial aid. in texas, nearly $68 million for teachers and schools could be slashed. and in virginia, 90,000 civilian defense department employees could be furloughed. the president punctuated the urgency....
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Feb 17, 2013
02/13
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it looks like harry reid is going to move something february 25th. that's the best case scenario. but if the senate doesn't move, we might just have a sequester. >> that is going to spell trouble. this comes back to america's $16.5 trillion in debt. a new poll from the pew research center shows that americans want their elected officials to stop kicking the this can down the road. 72% of americans say deficit reduction should be a top priority for the president and for congress, up 19 percentage points in the last four years. that ranks third, by the way, behind strengthening the economy and improving the jobs situation. i'm not sure how you prioritize these things, john, because they're all important, all crucial. >> that's right. >> but you say that the president is uniquely positioned to deal with the deficit, with i is coming out as the top issue for people. why? >> absolutely. for two reasons, ali. first of all, president obama is in the sweet spot of his presidency, the moment of maximum leverage that occurs for a president right after re-election. basically around 18 months
it looks like harry reid is going to move something february 25th. that's the best case scenario. but if the senate doesn't move, we might just have a sequester. >> that is going to spell trouble. this comes back to america's $16.5 trillion in debt. a new poll from the pew research center shows that americans want their elected officials to stop kicking the this can down the road. 72% of americans say deficit reduction should be a top priority for the president and for congress, up 19...
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Feb 14, 2013
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from harry reid. and from vice president biden, "today's three letter word -- l-o-v-e." we now know the recession and the euro zone is getting worse, not better. that cannot be good news for the u.s., actually. senior foreign affairs correspondent greg palkot has the story from london. >> the latest figure shows euro zone falling deeper in recession. >> europe is spluttering, stuttering and having a terrible time. >> effectively a double dip recession. some of the hardest hit country were debt-plagued spain and italy. france was sluggish. growth in germany down .6%. slow growth in economic powerhouse germany is especially worrying. the weakness is hurting the german exports. adding to economic headache, strike of security workers for higher pay snarled airports in germany today. >> he said is up it. even if i suffer for it. further come pounding problems debt-ridden countries are saddled with high unemployment. the jobless rate in greece is record 27%. i come here all the time. there are no jobs. economists say there could be some pick nun euro growth this year. that wou
from harry reid. and from vice president biden, "today's three letter word -- l-o-v-e." we now know the recession and the euro zone is getting worse, not better. that cannot be good news for the u.s., actually. senior foreign affairs correspondent greg palkot has the story from london. >> the latest figure shows euro zone falling deeper in recession. >> europe is spluttering, stuttering and having a terrible time. >> effectively a double dip recession. some of the...
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Feb 6, 2013
02/13
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reid. what about the assault weapon ban and the likelihood of that or is your focus more on handgun control and the gun trafficking bill? >> our focus here is the gun trafficking bill. and let me tell you why. i'm a strong supporter of the other provisions that you just talked about. machine guns and assault weapons and clips, high capacity clips. but this is something that we've gotten republicans to agree with us on. in other words, this is the first time in a long time in the house where we've got co-sponsorship with republicans. and we had two yesterday and now we've added another three. and we expect that before it's all over, we'll have quite a few folks on both sides of the aisle and we'll have a bipartisan bill. another thing that's significant about this. you spent a lot of time looking at "fast and furious." during the "fast and furious" hearings, the atf officers who came to testify before us basically begged us to create a drug trafficking law. because basically what they were s
reid. what about the assault weapon ban and the likelihood of that or is your focus more on handgun control and the gun trafficking bill? >> our focus here is the gun trafficking bill. and let me tell you why. i'm a strong supporter of the other provisions that you just talked about. machine guns and assault weapons and clips, high capacity clips. but this is something that we've gotten republicans to agree with us on. in other words, this is the first time in a long time in the house...
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. >> ifill: senate majority leader harry reid shot back. >> i think he should understand who is sitting on their pose tear i don't remember. we're doing our here to pass something. and the reason he's not bringing up something over there is because he can't pass it. he can't get his caucus to agree on anything. >> ifill: but republican senator roy blunt of missouri said democrats have to face facts. >> the spending cuts are going to happen. and the option now for the president is, do you want to work for a different way for these same savings to be achieved? and that's very do-able. >> ifill: friday is not the last deadline. another one looms in late march when government funding runs out. for more on whether political paralysis in washington is spilling over onto the economy, we turn to nariman behravesh, chief economist for i.h.s., a research and forecasting firm. we have heard in the last couple of days, weeks, surveys, polls that show that a lot of americans to the extent they're following this story do think there's a problem here with this so-called sequester but they don't necess
. >> ifill: senate majority leader harry reid shot back. >> i think he should understand who is sitting on their pose tear i don't remember. we're doing our here to pass something. and the reason he's not bringing up something over there is because he can't pass it. he can't get his caucus to agree on anything. >> ifill: but republican senator roy blunt of missouri said democrats have to face facts. >> the spending cuts are going to happen. and the option now for the...
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it will be tough for harry reid and the senate's. these are issues that will come over here at some point. don't you think it will hold up the process if he is having trouble on these issues? >> the process was designed to be inefficient and difficult so that, if congress were able to move a bill through both houses, they could agree upon a bill, it would actually become law. and so, at the start of every session, there is always a number of issues that carry from the prior session. frankly, there's a lot of scar tissue that carries over with a lot of these bills. it is up to congress to figure out where the common ground is. and how to deal with it. >> what does this mean for your party politically if the sequestered goes through? >> let me make clear, i don't like the sequester. ax. -- i think it will be like taking a meat ax to our government. the president did not want to have to deal with the debt limit again before his reelection. it was the president and senate democrats committed with us to get an outcome from the super commi
it will be tough for harry reid and the senate's. these are issues that will come over here at some point. don't you think it will hold up the process if he is having trouble on these issues? >> the process was designed to be inefficient and difficult so that, if congress were able to move a bill through both houses, they could agree upon a bill, it would actually become law. and so, at the start of every session, there is always a number of issues that carry from the prior session....
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so jack lew came to harry reid and said, here's our suggestion. do a sequestration. harry reid rejected it initially. jack lex said, what if we do half of it in defense spending? so an automatic across-the-board cut if we can't find a way to reduce spending in other ways we'll do an across-the-board cut with half of it in defense and the other half of it from other parts of the budget. harry reid agreed with jack le w, the president's chief of staff, so then it came to the senate and went to the house where we begrudgingly agreed. we didn't want to see this. i don't think the white house wanted to see sequestration as well. but this plan that was put in place, the house, the senate and the white house all agreed to was to find some way to reduce spending by $1.2 trillion in long-term spending. the first option was the select committee, the supercommittee, as it was called. it obviously failed in its task. shortly after that, the house of representatives said that the select committee has failed in this task. we cannot have sequestration, and so in may of last year, t
so jack lew came to harry reid and said, here's our suggestion. do a sequestration. harry reid rejected it initially. jack lex said, what if we do half of it in defense spending? so an automatic across-the-board cut if we can't find a way to reduce spending in other ways we'll do an across-the-board cut with half of it in defense and the other half of it from other parts of the budget. harry reid agreed with jack le w, the president's chief of staff, so then it came to the senate and went to...